1437 Columbine St new Save Request In-Person Tour Request Virtual Tour
Denver,CO 80206
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 4,912 sqft
Price per Sqft $386
Subdivision Congress Park
MLS Listing ID 6990012
Bedrooms 6
Year Built 1905
Annual Tax Amount $7,378
Lot Size 7,405 Sqft
Property Sub-Type Income Property
Property Description
Classic Revival-style 3-unit income property in prime Congress Park location with long-term upside. Built in 1905 and offering 5,480 sq. ft. of rentable space, this property is currently configured as three separate units: 6 bedrooms, 7 bathrooms total. Two units have been updated; the third is occupied by a long-term tenant. Layout allows for continued multi-unit use or conversion back to single-family. Zoned and structured to appeal to both traditional and short-term rental strategies.
Recent upgrades include a new boiler system, code-compliant fire escape, and electronic keypad entry on all units. Much of the original architectural character remains-wood moulding, stained glass, radiators, and fireplace grates-supporting strong appeal to both long-term and short-term tenants. Additional features include two laundry areas, a fully fenced backyard, and three off-street parking spaces.
Located in a walkable, high-demand rental corridor close to City Park, Denver Botanic Gardens, Bluebird Theater, and Colfax Avenue dining and nightlife.
Value-add potential: Cap rate can increase with additional unit updates or by applying for a short-term rental permit and shifting one or more units to Airbnb-style use (buyer to verify city requirements). Featured in Historic Denver's Northwest Congress Park Neighborhood guidebook. Strong existing structure, prime location, and flexible configuration make this a compelling asset for investors seeking immediate income and long-term growth.
Location
State CO
County Denver
Area Metro Denver
Zoning U-RH-3A
Interior
Heating Hot Water
Cooling Room Air Conditioner
Fireplaces Type 2+ Fireplaces
Laundry Common Area
Exterior
Exterior Feature Gas Grill,Balcony
Garage Spaces 3.0
Fence Fenced
Utilities Available Electricity Available
View City
Roof Type Composition
Building
Lot Description Lawn Sprinkler System,Level,Historic District
Story 2
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Teller
Middle Schools Morey
High Schools East
School District Denver 1
Others
Special Listing Condition Private Owner
Virtual Tour https://u.listvt.com/mls/188285841